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Jul 29, 2011
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the stunning events playing out in the house could mean big losses on wall street and beyond as this debt ceiling battle pushes down to the wire. for the very latest on today's trading session i'm delighted to welcome back jim cramer host of msnbc's "mad money" and jim, can i begin with the staggering news that apple company is holding more money than the government with over $76 billion and the government with $73 billion and maybe we should ask steve jobs for a handout. >> i did a piece on "mad money" last week which the thought was that the idea that maybe we should have iusa, and in other words, if apple were to put some of the skills together with the government, we would end up with a incredibly powerful government to take over china as opposed the china take us over and astounding the world with the best products. apple is an amazing company and it is not necessarily a reflection of the united states, because every company is jealous oapple, too. >> well, we have had seriously further indication of the recession not lifting anything like we thought with growth revised down for
the stunning events playing out in the house could mean big losses on wall street and beyond as this debt ceiling battle pushes down to the wire. for the very latest on today's trading session i'm delighted to welcome back jim cramer host of msnbc's "mad money" and jim, can i begin with the staggering news that apple company is holding more money than the government with over $76 billion and the government with $73 billion and maybe we should ask steve jobs for a handout. >> i...
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Jul 29, 2011
07/11
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WJLA
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all the reviews i've read, big thumbs up. check k out. >> steve carell has been so smart with his career. i'm happy it's getting good reviews. come monday "insomniac theater" will be back and we'll have the actual reviews of this movie. we'll let you know w at we think and how many stars we give them here at "world news now." >>> this morning on "world news now," frightening plot. an awol soldier is under arrest, accused of planning to set off bombs and attack servicemen and women. >> civilian police in texas say his arrest came just in the nick of time. it's friday, july 29th. >> from abc news, this is "world news now." >> good morning. happy friday. i'm rob nelson. >> happy friday indeed. i'm tanya rivero. investigators say awol army soldier naser abdo was planning a revenge attack near ft. hood in texas. we'll bring you the latest on the apparent motive and what detectives have discovered about the plot. >> we worry about terrorism overseas, sometimes in our own backyard things are going off. thank god this was uncovered i
all the reviews i've read, big thumbs up. check k out. >> steve carell has been so smart with his career. i'm happy it's getting good reviews. come monday "insomniac theater" will be back and we'll have the actual reviews of this movie. we'll let you know w at we think and how many stars we give them here at "world news now." >>> this morning on "world news now," frightening plot. an awol soldier is under arrest, accused of planning to set off bombs...
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charge welcome to the big picture says. let's not forget that we had an apartheid regime right here. i think iraq even funny well. whenever the government says they're going to keep you safe get ready because you're going to make your freedom. for. fun. for the. well it's been called a jet that cannot be matched by any known or projected by it or aircraft a little like the titanic's rhetoric and interesting really it's a little bit of a similar story we're talking about the f. twenty two when it was built the air force was raving about its capabilities however the f. twenty two hasn't been flying anywhere as of late at twenty two that had a number of problems but recent reports say all of them have been grounded until further notice because of this latest thing at this anti-freeze propane oil fumes guess where those were found they were found in pilot's blood the air force figured this out when they noticed the pilots were acting weird they were acting drunk but this is really just the latest blow to the jets it's been tout
charge welcome to the big picture says. let's not forget that we had an apartheid regime right here. i think iraq even funny well. whenever the government says they're going to keep you safe get ready because you're going to make your freedom. for. fun. for the. well it's been called a jet that cannot be matched by any known or projected by it or aircraft a little like the titanic's rhetoric and interesting really it's a little bit of a similar story we're talking about the f. twenty two when...
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Jul 29, 2011
07/11
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so you might as well go big. is that the lesson from last night? speaker boehner ought to go back with you and the president and go get the big deal again? >> well i don't want to give speaker boehner any advice. i will tell you this. for what it's worth, maybe i sound like pollyanna, i don't know, but i really do think speaker boehner wants to do something great for our country. i really do. and i think he's one of those folks that candidly would be willing to lose his speakership over doing something great for the country. i believe that, and i think there are a lot of people around here that realize that you know, this is really an opportune time to do something great. nobody wants to default, chuck, and i've got to believe -- as a matter of fact, i more than have to believe, i know that these guys have to have some sort of short-term extension in the event we don't quite get there by tuesday, but one thing i do hope is that the american people, you know, stop worrying. i really do think that we're going to get something done. i'm here in the mi
so you might as well go big. is that the lesson from last night? speaker boehner ought to go back with you and the president and go get the big deal again? >> well i don't want to give speaker boehner any advice. i will tell you this. for what it's worth, maybe i sound like pollyanna, i don't know, but i really do think speaker boehner wants to do something great for our country. i really do. and i think he's one of those folks that candidly would be willing to lose his speakership over...
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Jul 29, 2011
07/11
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KGO
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all the reviews i've read, big thumbs up. check it out. >> steve carell has been so smart with his career. i'm happy it's getting good reviews. come monday "insomniac theater" will be back and we'll have the actual reviews of these movies. we'll let you know what we think and how many stars we give them here at "world news now." >> tough critics. you never know. >> follow us on facacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacacaca
all the reviews i've read, big thumbs up. check it out. >> steve carell has been so smart with his career. i'm happy it's getting good reviews. come monday "insomniac theater" will be back and we'll have the actual reviews of these movies. we'll let you know what we think and how many stars we give them here at "world news now." >> tough critics. you never know. >> follow us on...
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Jul 29, 2011
07/11
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 29, 2011
07/11
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>> well, this has become a very big subject in the law professor world. the 14th amendment is one of the most familiar parts of the constitution, guarantees due process of law, equal protection of the law. but there is frankly a provision in section 4 that i have never paid any attention to before. and it goes like this. section 4 of the 14th amendment said "the validity of the public debt of the united states shall not be questioned". now, i don't know exactly what that means. i don't think anybody knows precisely what that means. but it has been suggested that under that provision, president obama could simply order that the debt be paid and that this crisis be forestalled. he has mostly reject that option, but as far as i've read their statements, they have not completely rejected that option. obama has always said, look, i think this should be dealt with by congress, not by unilaterally under the 14th amendment. but under my reading of their statements, they haven't completely ruled out in a total crisis situation invoking the section of the amendment
>> well, this has become a very big subject in the law professor world. the 14th amendment is one of the most familiar parts of the constitution, guarantees due process of law, equal protection of the law. but there is frankly a provision in section 4 that i have never paid any attention to before. and it goes like this. section 4 of the 14th amendment said "the validity of the public debt of the united states shall not be questioned". now, i don't know exactly what that means....
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Jul 29, 2011
07/11
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tax cut, two big war, a big tax cut, prescription bill that wasn't -- we had a guy on last night that showed almost half the federal debt was caused by bush over the eight years in office. that's serious business. >> everybody loves blaming president bush. >> i just did it. by the way -- >> you can blame anybody you want. who's been in office the last and a half years and doesn't want to correct the problem? place the blame where it is and it falls on both sides of the aisle. >> that was a totally -- >> the president doesn't want to put a plan in place. we've got fix the problem and it's not done by raising taxes. the problem is washington spends too much money. you don't solve that problem by sending washington more money and job killing taxes. you start controlling spending. >> i've heard you say over and over, a $14 trillion debt. half caused by bush. you can't just talk than when he left us with the problem. >> we're here solving the problem and president obama doesn't want to address it. doesn't want to put a plan in writing. we're sending another plan tonight. when will they sta
tax cut, two big war, a big tax cut, prescription bill that wasn't -- we had a guy on last night that showed almost half the federal debt was caused by bush over the eight years in office. that's serious business. >> everybody loves blaming president bush. >> i just did it. by the way -- >> you can blame anybody you want. who's been in office the last and a half years and doesn't want to correct the problem? place the blame where it is and it falls on both sides of the aisle....
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Jul 29, 2011
07/11
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week of corporate earnings reports on wall street, but every week is a big week for big oil. there's never a shortage of outrage with high gas prices and struggling u.s. economy. this is how much each of these oil giants earned on average per day in profits in this last quarter. america's largest oil corporation, the largest, more rags and production company, exxon mobil, earned more than $117 million per day. in 2010 alone it made $30.5 billion and it is the most profitable company in the world according to rankings from "fortune." royal dutch shell the largest oil company in europe raked in more than $95 million each and every day in the quarter and profits were -- the total profits as we'll see right now, were a lot bigger than that. bp, bouncing back after the oil spill in the gulf last year, the company made about $58 million a day after posting a $5.3 billion profit for the quarter. later this morning, chevron will report its second-quarter profits. the company made $19 billion in 2010, making its third most profitable company in the world. christine? >> all right. that
week of corporate earnings reports on wall street, but every week is a big week for big oil. there's never a shortage of outrage with high gas prices and struggling u.s. economy. this is how much each of these oil giants earned on average per day in profits in this last quarter. america's largest oil corporation, the largest, more rags and production company, exxon mobil, earned more than $117 million per day. in 2010 alone it made $30.5 billion and it is the most profitable company in the...